ocheapfootball - Jan 25th, 2014 @ 20:34:53<ul><li><strong><a href="http://www.listwatches.com/">replica watches</a></strong></li><li> <a href="http://fakewatches92194.webs.com">replica watches</a></li><li><strong><a href="http://www.listwatches.com/">replica watches</a></strong></li><li> <a href="http://fakewatches92194.webs.com">replica watches</a></li><li><strong><a href="http://www.listwatches.com/">copy watches</a></strong></li><li> <a href="http://fakewatches92194.webs.com">copy watches</a></li></ul><br>n Star dealer guilty in US fake-wine trialnBy Brigitte DusseaunDecember 18, 2****13 2:38 PMn****nsharesnContent preferencesnDonen. View gallery</p>nThe entrance to Federal Court in New York where the trial of wine dealer Rudy Kurniawan started on December 1****, 2****13 (AFP Photo/Stan Honda)n<p><strong><a href="http://www.listwatches.com">watches</a></strong> New York (AFP) - Star wine dealer Rudy Kurniawan was found guilty of fraud in a US court Wednesday for manufacturing fake vintage wine, in a stunning fall from grace that could see him jailed for 4**** years.</p> <p><strong><a href="http://www.listwatches.com">fake watches</a></strong> A jury took less than two hours to return a guilty verdict on two counts of wire and postal fraud against the 37-year-old, once considered one of the top five wine collectors in the world.</p><p><strong><a href="http://www.listwatches.com">rolex watches</a></strong> The Indonesian-born Kurniawan, who for years lived a jet-set lifestyle with all the trappings of a millionaire, sat impassive in the Manhattan courtroom as the verdict was read out.</p><p><strong><a href="http://www.listwatches.com">Breguet Watches</a></strong> Prosecutors described him as &quot;a prolific wine counterfeiter&quot; and an arch liar motivated by greed, a man who made millions of dollars selling bogus vintages blended in his kitchen laboratory.</p><p><strong><a href="http://www.listwatches.com">fake watches</a></strong> The defense portrayed an outsider who desperately wanted to fit into the richer, older world of rare wine collectors.</p><p><strong><a href="http://www.listwatches.com">copy watches</a></strong> In custody since his arrest in March 2****12, he will be sentenced on April 24.</p><p>The court heard how Kurniawan rose rapidly to the top of his profession thanks to his exceptional palate, capable of identifying and memorizing the world&#39;s finest wines so popular with tycoons.</p><p>But prosecutors said his penchant for fast cars, designer watches and contemporary art collections was built on an elaborate and years-long lie.</p><p>They said he sold at auction and direct to collectors more than 1,************ fake bottles blended in his kitchen or &quot;magic cellar&quot; to masquerade as vintage wines worth thousands of dollars.</p><p>&quot;This was an operation on a massive scale,&quot; said prosecutor Joseph Facciponti, summing up at the end of the seven-day trial. </p><p>&quot;He sold wine to victims all over the world. For a while the magic worked and he sold his fake wines for millions of dollars, but there was no magic, only the defendant&#39;s lies,&quot; he said.</p><p>&quot;Why did he tell all his lies? Because of greed, that&#39;s what this case is about, the defendant&#39;s lies and his greed.&quot;</p><p>In 2********6, two auctions in New York that offered Kurniawan wine fetched $35 million.</p><p>In the first auction, clients purchased 39 lots that contained counterfeit wines for a total of nearly $1.3 million, wine expert Michael Egan had told the trial.</p><p>He said he had examined 1,433 counterfeit wines since 2********6 from seven clients, of which 75 percent were from Kurniawan.</p><p>Thousands of labels for the finest Burgundy and Bordeaux wines were found in the home that Kurniawan shared with his Chinese mother in Arcadia, on the outskirts of Los Angeles.</p><p>There were full bottles waiting to be labeled. Investigators also found intricate formulae on how to concoct vintage-tasting wine by blending a mixture of far cheaper wines.</p><p>The allegations against Kurniawan surfaced over an April 2********8 auction in New York where he had offered 97 purported bottles of Domaine Ponsot for sale for between $44****,5******** and $6****2,************.</p><p>But French expert Laurent Ponsot, of the acclaimed Domaine Ponsot winery, became suspicious and flew to New York to ensure that auction house Acker Merrall & Condit withdrew the lot.</p><p>After allegedly trying to sell more dubious wine at auction in London via an intermediary in 2****12, Kurniawan was arrested.</p><p>&quot;He wanted to be part of the club,&quot; defense lawyer Jerome Mooney had argued before the court.</p><p>In buying thousands of bottles of great vintage wine each year, it was inevitable that there would be fakes among them, given the rampant availability of counterfeit wine, he had argued.</p><p>&quot;Should he be doing that?&quot; said Mooney.</p><p>&quot;Probably not. He was not doing it to defraud people.&quot;</p> Crime & Justice Society & Culture Rudy Kurniawan vintage winen<strong><a href="http://www.listwatches.com/a-lange-sohne-watches-c-567.html">copy A. Lange & Sohne watches</a></strong><br>n<strong><a href="http://www.listwatches.com/a-lange-sohne-watches-c-567.html">cheap A. Lange & Sohne watches</a></strong><br>n<br><br><a href="http://monclerbootsformen1****.webs.com"> watches blog </a><br><br><a href="http://bestreplicawatchessite986.webs.com"> watches </a><br><br><a href="http://bestreplicawatchessite18.webs.com"> About listwatches.com blog </a>

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ocheapfootball - Mar 19th, 2014 @ 16:35:16[b][url=http://www.uggsboots.org/]uggs outlet sale[/url][/b]r [url=http://uggbootsuggsoutletstore198.webs.com]uggs outlet sale[/url][b][url=http://www.uggsboots.org/]ugg boots[/url][/b]r [url=http://uggbootsuggsoutletstore198.webs.com]ugg boots[/url][b]<a href="http://www.uggsboots.org/">uggs outlet</a>[/b]r <a href="http://uggbootsuggsoutletstore198.webs.com">uggs outlet</a>n The pretty to the ugly: 2****13&#39;s key fashion momentsnBy JOCELYN NOVECKnDecember 17, 2****13 12:19 PMn****nsharesnContent preferencesnDonen. View galleryn.n.n.n.n[b][url=][/url][/b] NEW YORK (AP) â It was a year for pixie haircuts, chunky flat shoes, bangs on our first lady and bare skin ... lots of it, on movie actresses and pop stars. Fashion always has its royalty, and this year, Kerry Washington was a queen. For real royalty, we had Kate Middleton, making the rest of us mortals feel a little better by flashing her mommy tummy. If Kate made us feel good, Lululemon didn&#39;t, when its chairman appeared to blame women&#39;s own bodies for problems with those popular yoga pants. A look back at these and other key fashion moments of 2****13: [b][url=][/url][/b] ___nView gallerynFILE - In this image released by ABC actress Kerry Washington wears a Rubin Singer gown, left, with &hellip;nView gallerynFILE - This Jan. 21, 2****13 file photo shows President Barack Obama and first lady Michelle Obama at a &hellip;n[b][url=][/url][/b] MICHELLE&#39;S BANGS:[b][url=][/url][/b] Nobody would call bangs a new trend, but when the first lady&#39;s involved, things take on more significance. In fact, President Barack Obama actually called his wife Michelle&#39;s new hairdo the most significant event of his second inauguration. Unveiled just in time for the festivities, the new hairdo made enough news to have its own (unofficial) Twitter account, FirstLady&#39;sBangs, which issued alerts like &quot;Just got a text from Hillary Clinton&#39;s side-part.&quot;[b][url=][/url][/b] ___[b]<a href=""></a>[/b] QUEEN OF THE RUNWAY, AIRWAVES AND EVERYWHERE ELSE:nView gallerynFILE - This Jan. 21, 2****13 file photo shows President Barack Obama kissing first lady Michelle Obama &hellip;nBy the time she appeared in a lovely Stella McCartney floral frock and high red leather pumps as a judge on &quot;Project Runway,&quot; it was clear: In the realm where Hollywood meets fashion, Kerry Washington is royalty. On her hit show, &quot;Scandal,&quot; playing professional fixer Olivia Pope, she was all professional Washington â Washington, D.C., that is â but on the red carpet, she was glamour personified. Case in point: that Marchesa gown she wore at the Emmys, all cream and white and flower appliques, fit for a queen.___KATE MAKES US FEEL GREAT:Much has been said about the fashion sense of the Duchess of Cambridge, aka Kate Middleton, but in 2****13, it was something a bit different that caught our eye. Peeking out under her blue-and-white polka dot dress as she emerged from the hospital post-childbirth was a pronounced &quot;mommy tummy,&quot; a normal development but something most celebrities keep under wraps, until their personal trainers have whipped them back into magazine-cover shape. Thanks, Kate!___LULULEMON, NOT SO MUCH:Remember those popular yoga pants that had the unintended effect of being see-through? Well, ladies, turns out the ongoing fabric problems with those pants, including pilling, was YOUR fault. Or rather: the fault of YOUR THIGHS. Founder and chairman Chip Wilson of Lululemon Athletica noted in a TV interview that &quot;Frankly, some women&#39;s bodies just actually don&#39;t work&quot; for the pants, because of thighs rubbing against fabric. Now Wilson just actually won&#39;t be working as chairman of Lululemon; the company announced his resignation from the post in December.___TAKING IT ALL OFF:No thigh-rubbing problem for Gwyneth Paltrow, who was happy to show just how little cellulite she has when she appeared at the &quot;Iron Man 3&quot; premiere in a dress with sheer mesh panels on the sides, leaving little of her lower body and, er, posterior to the imagination. But we all nearly forgot about Gwyneth when we saw actress Jaimie Alexander at the &quot;Thor&quot; premiere, her black gown expanding the see-through effect to the midriff and upper regions. Let&#39;s just say these actresses are saving money on underwear.nView gallerynFILE - This sept. 22, 2****13 file photo shows actress Kerry Washington at the 65th Primetime Emmy Awar &hellip;n___DESIGNER MOVES:A Paris runway show full of mournful symbols â and lots of black â was designer Marc Jacobs&#39; somber goodbye to Louis Vuitton in October after 16 years in the influential post of creative director. Under Jacobs, who also has his own eponymous brand, Louis Vuitton became the most lucrative fashion house in the world, in part thanks to Jacobs&#39; creation of a ready-to-wear line. He was replaced by Nicolas Ghesquiere, formerly at Balenciaga.___TAKING DESIGNERS TO TASK:nView gallerynFILE - This Sept. 6, 2****13 file image released by Starpix shows, from left, host Heidi Klum, designer &hellip;nIman and Naomi Campbell are legendary supermodels, but this year they lent themselves to something different: promoting diversity on the runway, by calling out designers whose catwalks were almost completely white. The two women joined modeling agent Bethann Hardison in their Balance Diversity campaign. Explaining their purpose, Iman, now 58, said she was shocked to hear there were fewer black models on the runway than when she stopped modeling in 1989.___LESBIAN COUTURE:The message was unmistakable: At the Karl Lagerfeld haute couture show in Paris, the designer sent not one, but two brides down the runway for the finale. The brides walked hand in hand in their feathery concoctions, a clear vote of support by the designer for France&#39;s gay marriage law. The show came only nine days after hundreds of thousands of people marched in Paris in opposition to the law.___WE GOT THE PUNK:Who knew that punk would become high fashion? That development seemed to crystallize in May, when the hallowed halls of The Metropolitan Museum of Art hosted a new Costume Institute exhibit, &quot;Punk: Chaos to Culture,&quot; celebrating a movement that embraced anarchy in the 197****s. &quot;Despite its best intentions, punk has come to symbolize integrity and authenticity,&quot; said curator Andrew Bolton.___THE FLAT SHOE, THE PIXIE CUT:Think short, ladies! In shoe stores this year, you could see a trend toward flats, including a notable reinterpretation of those chunky Birkenstocks. The first ripple effect would be comfort, of course, but the changes are more profound, notes Virginia Smith, Vogue&#39;s fashion market and accessories director: &quot;Every woman wants a flat right now, and that has a big impact on fashion because it changes proportion.&quot; Another trend: pixie hair, on everyone from Michelle Williams to Anne Hathaway to Jennifer Lawrence. &quot;It will have an effect beyond celebrity and the runway,&quot; Smith says. &quot;A lot of these women are very influential.&quot;___TRENDSETTER MILEY?Speaking of influence, dare we call Miley Cyrus a trendsetter? She was already a trailblazer with her pixie cut from 2****12, but hey, you probably were too busy watching the stuck-out tongue, teddy-bear leotard and nude bikini (which falls into the baring-it-all trend at the MTV Video Music Awards). Only weeks later, though, she was all elegance in sequined Marc Jacobs at the Night of Stars gala. Miley the fashion icon? Not by the standard definition. But heading into 2****14 she was one of the most-watched people on the planet. &quot;Blurred Lines,&quot; indeed. Arts & Entertainment Fashion Kate Middleton Kerry Washington Marc Jacobs President Barack Obaman[b][url=http://www.uggsboots.org/]uggs boots on sale[/url][/b]rn[b]<a href="http://www.uggsboots.org/">discount uggs</a>[/b]rnnn[url=http://discountlouisvuittonhandbags46.webs.com] sale blog [/url]nn[url=http://nikefactoryoutletshoes8.webs.com] sale [/url]nn[url=http://tiffany54.webs.com] About uggsboots.org blog [/url]

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For real royalty, we had Kate Middleton, making the rest of us mortals feel a little better by flashing her mommy tummy. If Kate made us feel good, Lululemon didn&#39;t, when its chairman appeared to blame women&#39;s own bodies for problems with those popular yoga pants. A look back at these and other key fashion moments of 2****13: [b][url=][/url][/b] ___nView gallerynFILE - In this image released by ABC actress Kerry Washington wears a Rubin Singer gown, left, with &hellip;nView gallerynFILE - This Jan. 21, 2****13 file photo shows President Barack Obama and first lady Michelle Obama at a &hellip;n[b][url=][/url][/b] MICHELLE&#39;S BANGS:[b][url=][/url][/b] Nobody would call bangs a new trend, but when the first lady&#39;s involved, things take on more significance. In fact, President Barack Obama actually called his wife Michelle&#39;s new hairdo the most significant event of his second inauguration. Unveiled just in time for the festivities, the new hairdo made enough news to have its own (unofficial) Twitter account, FirstLady&#39;sBangs, which issued alerts like &quot;Just got a text from Hillary Clinton&#39;s side-part.&quot;[b][url=][/url][/b] ___[b][url=][/url][/b] QUEEN OF THE RUNWAY, AIRWAVES AND EVERYWHERE ELSE:nView gallerynFILE - This Jan. 21, 2****13 file photo shows President Barack Obama kissing first lady Michelle Obama &hellip;nBy the time she appeared in a lovely Stella McCartney floral frock and high red leather pumps as a judge on &quot;Project Runway,&quot; it was clear: In the realm where Hollywood meets fashion, Kerry Washington is royalty. On her hit show, &quot;Scandal,&quot; playing professional fixer Olivia Pope, she was all professional Washington â Washington, D.C., that is â but on the red carpet, she was glamour personified. Case in point: that Marchesa gown she wore at the Emmys, all cream and white and flower appliques, fit for a queen.___KATE MAKES US FEEL GREAT:Much has been said about the fashion sense of the Duchess of Cambridge, aka Kate Middleton, but in 2****13, it was something a bit different that caught our eye. Peeking out under her blue-and-white polka dot dress as she emerged from the hospital post-childbirth was a pronounced &quot;mommy tummy,&quot; a normal development but something most celebrities keep under wraps, until their personal trainers have whipped them back into magazine-cover shape. Thanks, Kate!___LULULEMON, NOT SO MUCH:Remember those popular yoga pants that had the unintended effect of being see-through? Well, ladies, turns out the ongoing fabric problems with those pants, including pilling, was YOUR fault. Or rather: the fault of YOUR THIGHS. Founder and chairman Chip Wilson of Lululemon Athletica noted in a TV interview that &quot;Frankly, some women&#39;s bodies just actually don&#39;t work&quot; for the pants, because of thighs rubbing against fabric. Now Wilson just actually won&#39;t be working as chairman of Lululemon; the company announced his resignation from the post in December.___TAKING IT ALL OFF:No thigh-rubbing problem for Gwyneth Paltrow, who was happy to show just how little cellulite she has when she appeared at the &quot;Iron Man 3&quot; premiere in a dress with sheer mesh panels on the sides, leaving little of her lower body and, er, posterior to the imagination. But we all nearly forgot about Gwyneth when we saw actress Jaimie Alexander at the &quot;Thor&quot; premiere, her black gown expanding the see-through effect to the midriff and upper regions. Let&#39;s just say these actresses are saving money on underwear.nView gallerynFILE - This sept. 22, 2****13 file photo shows actress Kerry Washington at the 65th Primetime Emmy Awar &hellip;n___DESIGNER MOVES:A Paris runway show full of mournful symbols â and lots of black â was designer Marc Jacobs&#39; somber goodbye to Louis Vuitton in October after 16 years in the influential post of creative director. Under Jacobs, who also has his own eponymous brand, Louis Vuitton became the most lucrative fashion house in the world, in part thanks to Jacobs&#39; creation of a ready-to-wear line. He was replaced by Nicolas Ghesquiere, formerly at Balenciaga.___TAKING DESIGNERS TO TASK:nView gallerynFILE - This Sept. 6, 2****13 file image released by Starpix shows, from left, host Heidi Klum, designer &hellip;nIman and Naomi Campbell are legendary supermodels, but this year they lent themselves to something different: promoting diversity on the runway, by calling out designers whose catwalks were almost completely white. The two women joined modeling agent Bethann Hardison in their Balance Diversity campaign. Explaining their purpose, Iman, now 58, said she was shocked to hear there were fewer black models on the runway than when she stopped modeling in 1989.___LESBIAN COUTURE:The message was unmistakable: At the Karl Lagerfeld haute couture show in Paris, the designer sent not one, but two brides down the runway for the finale. The brides walked hand in hand in their feathery concoctions, a clear vote of support by the designer for France&#39;s gay marriage law. The show came only nine days after hundreds of thousands of people marched in Paris in opposition to the law.___WE GOT THE PUNK:Who knew that punk would become high fashion? That development seemed to crystallize in May, when the hallowed halls of The Metropolitan Museum of Art hosted a new Costume Institute exhibit, &quot;Punk: Chaos to Culture,&quot; celebrating a movement that embraced anarchy in the 197****s. &quot;Despite its best intentions, punk has come to symbolize integrity and authenticity,&quot; said curator Andrew Bolton.___THE FLAT SHOE, THE PIXIE CUT:Think short, ladies! In shoe stores this year, you could see a trend toward flats, including a notable reinterpretation of those chunky Birkenstocks. The first ripple effect would be comfort, of course, but the changes are more profound, notes Virginia Smith, Vogue&#39;s fashion market and accessories director: &quot;Every woman wants a flat right now, and that has a big impact on fashion because it changes proportion.&quot; Another trend: pixie hair, on everyone from Michelle Williams to Anne Hathaway to Jennifer Lawrence. &quot;It will have an effect beyond celebrity and the runway,&quot; Smith says. &quot;A lot of these women are very influential.&quot;___TRENDSETTER MILEY?Speaking of influence, dare we call Miley Cyrus a trendsetter? She was already a trailblazer with her pixie cut from 2****12, but hey, you probably were too busy watching the stuck-out tongue, teddy-bear leotard and nude bikini (which falls into the baring-it-all trend at the MTV Video Music Awards). Only weeks later, though, she was all elegance in sequined Marc Jacobs at the Night of Stars gala. Miley the fashion icon? Not by the standard definition. 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Photo: Thulasi KakkatnThe HindunHMT, the only manufacturer of hand-wound watches in India today, sells them at reasonable rates. Photo: Thulasi KakkatnTOPICSnlifestyle and leisurenHMT watches might have lost the race in the market, but Anasuya Menon finds people who value this swadeshi brandnThe HMT Watches store on the fourth floor of Abhivriddhi building on D. H. Road is in stark contrast to a modern-day watch store. There are no shiny, crystalline display counters, no air-conditioning, nothing to indicate that it is 2****14. The wood-panelled cabins and the 197****s advertisement material pasted on the walls hint at some past glory. HMT may not have a glamorous ambience and turnover to match, but the watches continue to keep time for some who stay true to its legacy. </p><strong><a href="http://www.watchestrading.com">watches</a></strong> n&#822****;There are a lot of customers, including youngsters, who swear by the brand. They come asking for particular makes and models,&#8221; says T.V. Mohanan, manager of Kerala&#8217;s only Hindustan Machine Tools&#8217; watch branch. &#822****;There was a time when our sales figures swung between 1****,************ and 25,************ watches in a single month. Then it declined. Now, of course, it is just the sentiment that drives customers,&#8221; he says. Mohanan, who joined the company in 1981, has been in the showroom for the last 2**** years and has witnessed its slump. Though Allwyn came soon after, it was really the arrival of Titan in the 8****s that spelt trouble for the brand. &#822****;People slowly forgot about HMT,&#8221; he says. </p><strong><a href="http://www.watchestrading.com">swiss Mechanical movement replica watches</a></strong> nBut not the hard-core fans. For them, it is more than just a watch &#8212; it is a priced possession, a tradition, something that invokes nationalist pride. &#822****;It is about the swadeshi sentiment,&#8221; says Ranjit M., an IT professional based in Kochi. Ranjit, as a matter of policy, wears his Pilot (one of the most popular models) to work and says it has generated considerable interest among his colleagues. </p><strong><a href="http://www.watchestrading.com">swiss replica watches</a></strong> nBusinessman Mathew M. Joseph says his relationship with the brand began in his childhood, seeing his father use an HMT watch. &#822****;In any other part of the world, old classic models would cost a fortune. But even a vintage HMT piece is affordable,&#8221; he says. Mathew treasures his Pilot, Jawan and Elegance watches. </p><strong><a href="http://www.watchestrading.com">cheap watches</a></strong> nIndia being one of the most sought after markets for international luxury watch brands with price ranges easily touching crores, affordability may not seem a defining factor. But HMT watches start at Rs. 35**** and the most expensive watch is only Rs. 9,5********. </p><strong><a href="http://www.watchestrading.com">swiss replica watches</a></strong> nHand-wound watches fetch top price in the luxury segment. HMT, the only manufacturer of hand-wound watches in India today, sells them at reasonable rates. &#822****;I was inspired to look for an HMT after I came across my late grandfather&#8217;s decades-old Jawan. I wound it and it was working perfectly. It is like owning a piece of history,&#8221; says S. Kailas, who works for a content writing firm. He loves the morning ritual of winding the watch. &#822****;It is like mentally gearing up for the daily grind,&#8221; he says.n</p><strong><a href="http://www.watchestrading.com">best swiss replica watches</a></strong> nA typical vintage watch lover takes care to maintain it, too. &#822****;There are people who still come to us with HMT&#8217;s old mechanical watch models. Cleaning can be done. But sometimes we discourage them because the parts are not available these days and it involves a lot of work &#8212; a day on a single watch,&#8221; says Ramesh T.G., of Ganesh and Sons watch repairing shop at Valanjambalam. &#822****;Old timers still prefer the mechanical watch. It is heavy, and the feel of it on the hand cannot be replaced by the new automatic watches,&#8221; he adds.n</p>nAccording to Kashmiras M.X., who owns Jidin Times in Tripunithura, the availability of watches at throwaway prices also contributed to the decline of the brand. &#822****;When I started watch-repairing at the age of 13, HMT was king. Now, I get to see it once in a while.&#8221;n</p>nThe public sector company today is a mere shadow of its past, unable to make a profit in the cut-throat industry. &#822****;There is no sales promotion and revenue is almost nil. There is no brand visibility. Many of the company&#8217;s rules work against it today. Modern marketing techniques would do it a world of good, as many are unaware of the existence of the brand,&#8221; Mohanan says. However, in 2****13 alone, the company has introduced 85 models, which includes multifunction chronographs and automatic skeleton watches. </p>nHMT&#8217;s automatic models are popular too. While Pilot and Jawan are the most loved mechanical ones, Kedar tops the automatic category. An automatic watch has to be worn eight to ten hours for it to function normally and the quartz series is battery-operated. Colourful models aimed at children and the youth (Track and Euan series) are also available. HMT manufactures Braille watches for men and women, too. The glass top of the dial can be opened and the user can feel the time. Limited edition pieces such as the Janata in Devnagiri script are a collector&#8217;s dream. The pocket watches, too, are in demand, but mostly out of stock. </p>nThe company gets bulk orders from government offices. Thanks to the internet revolution, sales are brisk online. Leading online marketing portals stock a fair collection. HMT watch loyalists&#8217; groups on social networking sites, too, keep the love going. 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Financiere Richemont SA in the quest for consumersâ wrists as Swiss watch exports have doubled in the past decade. Closen</p>n<p><strong><a href="http://www.copyrolexshop.com">rolex watch</a></strong> nRolex has faced increasing competition from Swatch Group AG and Cie. Financiere... Read Moren</p>nClosenOpennPhotographer: Gianluca Colla/Bloombergn<p><strong><a href="http://www.copyrolexshop.com">rolex</a></strong> Rolex has faced increasing competition from Swatch Group AG and Cie. Financiere Richemont SA in the quest for consumersâ wrists as Swiss watch exports have doubled in the past decade.</p>n<p><strong><a href="http://www.copyrolexshop.com">rolex watch</a></strong> Rolex will make its third change in top leadership since 2********8, naming Jean-Frederic Dufour to become chief executive officer of the 1****9-year-old maker of Swiss timepieces. </p> <p><strong><a href="http://www.copyrolexshop.com">rolex daytona</a></strong> Dufour, head of LVMH Moet Hennessy Louis Vuitton SA (MC) âs Zenith watch brand, will replace Rolex CEO Gian Riccardo Marini at a date to be decided, the Geneva-based company said today in a statement. Dufour helped restructure Zenith since becoming the divisionâs CEO in 2********9, refocusing product lines and returning to more classic models to rejuvenate sales. Previously, he worked at Chopard, Swatch Group and Ulysse Nardin. </p> <p><strong><a href="http://www.copyrolexshop.com">rolex submariner replica</a></strong> Closely held Rolex has faced increasing competition from Swatch Group AG (UHR) and Cie. Financiere Richemont SA (CFR) in the quest for consumersâ wrists as Swiss watch exports have doubled in the past decade. Together the three companies sell about 46 percent of the worldâs timepieces by value, according to estimates by Bank Vontobel. </p> <p>âRolex has missed one step or two in the competition to be the top dog in the watches business,â said Luca Solca , head of luxury goods research at Exane BNP Paribas. </p> <p>The industryâs growth slowed last year as China âs government clamped down on bribery and extravagant shows of wealth among state officials. Swiss watch exports rose 1.9 percent in 2****13, the slowest growth since the financial crisis. </p> âYoung Ideasâ <p>âDufour did a great job at Zenith, which was close to dead,â said Rene Weber, an analyst at Vontobel who said the new CEO will bring âsome young ideasâ to Rolex. </p> <p>Rolex doesnât publish financial information. The company probably generates annual sales of about 4.5 billion Swiss francs ($5.1 billion), compared with 8.5 billion francs at Swatch, which owns brands including Omega and Harry Winston , according to estimates by Jon Cox, an analyst at Kepler Cheuvreux. That would make Rolex the worldâs largest watch brand by revenue, Cox said. </p> <p>âThere is a conflict within the organization between the modernizers, who want to see faster development and more innovation, and more traditionalists, who want to see a more steady-as-she-goes approach and blame overexposure to greater China for current woes,â Cox said. </p> <p>Rolex was run by members of the Heiniger family for almost half a century until December 2********8, when Patrick Heiniger resigned. Bruno Meier, formerly Rolexâs chief financial officer, succeeded Heiniger, who died in 2****13. Marini replaced Meier in 2****11. </p> <p>âThey overlooked the intermediate price opportunity in China,â Solca said, adding that Rolexâs Tudor brand is âonly now catching upâ after Swatchâs Longines has built a âmajor position there.â </p> <p>Rolex produced 11.8 percent of the watches sold by value in 2****12, compared with 18.3 percent for Swatch Group and 15.7 percent for Richemont, Vontobelâs Weber estimates. </p> <p>To contact the reporter on this story: Thomas Mulier in Geneva at tmulier@bloomberg.net </p> <p>To contact the editors responsible for this story: Celeste Perri at cperri@bloomberg.net Tom Lavell, Paul Jarvis </p>nFacebooknTwitternGoogle nLinkedInn<p>Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.</p>n<p>nPlease enable JavaScript to view thencomments powered by Disqus.n</p>n<strong><a href="http://www.copyrolexshop.com/rolex-datejust-automatic-watches-c-12.html">replica watches</a></strong>r<br>n<strong><a href="http://www.copyrolexshop.com/rolex-datejust-automatic-watches-c-12.html">rolex</a></strong>r<br>n<br><br><a href="http://cheaptiffanycojewelry48.webs.com"> rolex blog </a><br><br><a href="http://timberlandbootoutlet93.webs.com"> rolex </a><br><br><a href="http://timberlandfashionboots684.webs.com"> About copyrolexshop.com blog </a>

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